Gold - Strong resistance at $1375-1378

As we can see, we have two Cypher patterns; in both the cases point C coincides around $1378-$1375 levels.

Gold's sharp rebound from Friday's low followed by a failure at $1375 and a daily closing at $1355 indicates prices could be heading to $1335.40 levels (neckline support), but reckon the support could remain intact.